ASTRO TECHNICAL GUIDE FOR NIFTY

Tues day, 15.03.2016

Generally Subdued with  Better Mid session … !!!  

Astro Info:: Tithi :: Phalguna Sukla  Saptami & Ashtami
Nakshatra ::  Mrigasira 1 st Pada    (Moon in Taurus  ) .
Persons   born in  Pushyami, Anuradha and Uttarabhadra  constellations and Gemini and Libra    Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day ::2.06pm ; 3.11 pm;

Likely Intraday Trend

On the basis of planetary position and aspects amongst planets, Market is expected to open generally subdued and recover between 11.35am to 1.30pm and remain steady / subdued thereafter.

Astro Technical Trading Strategy for the day ::  After 11.30 AM ,    if Nifty fut trades  above   the Open Price/ATP (Average Traded Price) , Long   positions  can be taken with  about 25 points  as stop loss    and  such positions may be closed by about 1.00pm/ 1.15pm.

Open level is important for intraday trading and generally, intraday short positions are suggested  below   Day’s open level only and vice versa.

Stop loss is a must for intraday trading.

Technical Levels for the day...

Resistance around 7570, 7630 and Support  around  7450, 7390  for the day

However, there is strong resistance around 7550/ 7560.

IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto Bearish trigger level / other support levels.


Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.